This regional commitment builds on BGF’s strong track record in the Midlands, where it has invested £541 million since 2011.
As part of the £3 billion pledge, BGF is also committing £300 million to female-powered businesses across the UK—one of the largest investments of its kind—to foster greater diversity in the growth economy. This builds on an initial £25 million commitment to the Invest in Women Taskforce (IWT), which helped raise over £250 million last year.
Since 2011, BGF’s portfolio companies across the UK have generated £7.1 billion in revenue growth, £1 billion in export growth, and created more than 27,000 jobs. With 74% of its capital deployed outside London and the South East, BGF’s regional-first approach is central to its mission to reduce capital disparities across the country.
Seb Saywood, Partner, Midlands, BGF, commented:
"We’ve backed great businesses in the Midlands for over a decade, from manufacturers to fast-growing tech firms. This new £300 million commitment builds on that track record and reflects our long-term belief in the region’s potential to deliver strong, sustainable growth."
This pledge is part of a wider national strategy by BGF, increasing its previous investment total of £2.3 billion between 2020 and 2024. The new £3 billion commitment will boost the UK’s scaleup economy, supporting both established and earlier-stage businesses.